24 Coane Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
 
OFF MARKET

24 Coane Street
Merewether NSW 2291

Bedrooms: 8
Bathrooms: 3
Car spaces: 8
Floor area: 118m2
Land area: 712m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low
High
Share
Save

Property Details for 24 Coane St, Merewether

24 Coane St, Merewether is a 8 bedroom, 3 bathroom House with 8 parking spaces. The property has a land size of 712m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Floor Size
118m2
Land Size
712m2
Local Government
Newcastle
Lot/Plan
92/DP1192285

Last Listing description (November 2023)

Discover the allure of one of Coane Street's last standing original residences, strategically placed just a barefoot 200m stroll from the Merewether beachfront. This dual-level property, currently configured as three separate flats, is a rare gem brimming with untapped potential.

Occupying an expansive 720.69sqm block-an exceptional rarity in this coveted locale-boasting a 15.24m frontage and a coveted north-facing backyard with access from Watkins Street, the possibilities are limitless. Maintain the current status quo and enjoy rental income potential approximate of $2,100 per week or elevate your returns by modernising the two ground floor units. Alternatively, embark on a transformative journey by renovating the entire structure into a magnificent beachside home. For those with grander visions, seize the opportunity to start anew: wipe the slate clean and utilise the sizable block to construct a brand-new home or multiple dwellings, pending approval from Newcastle City Council.

Whether catching a wave, strolling the shoreline, enjoying your morning coffee at Blue Door, or dining at the Beach Hotel or Surfhouse, this address delivers a barefoot seaside lifestyle that's hard to beat.

- Dual access from Watkins & Coane Street
- Brick and tile residence on 720.69sqm north to rear block
- Upper level has been updated featuring four robed bedrooms, modern bathroom, light-filled lounge and dining area, gas-fitted kitchen
- Two x two bedroom units on ground floor featuring lounge, kitchen/dining, shower bathroom, both with scope to modernise
- Lockup garaging for five cars and huge L-shaped backyard
- Number 12 bus stops nearby for travel between Merewether and Maryland
- 700m to The Junction shops, eateries and schools

Outgoings:
Council: *$5,296pa
Water: *$2,386pa + usage
* approximates only

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns.

Show More

Property History for 24 Coane St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$5,000,000
30 Oct 2023
  • 30 Oct 2023
    Sold for $5,000,000
  • 29 Sep 2023
    Listed for Sale Not Disclosed
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2016 was 10964 people. By 2021 the population was 11788 showing a population growth of 7.5% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Merewether work in a professional occupation.In 2021, 64.80% of the homes in Merewether were owner-occupied compared with 63.30% in 2016.

Merewether has 5,899 properties. Over the last 5 years, Houses in Merewether have seen a 60.67% increase in median value, while Units have seen a 43.15% increase. As at 31 December 2025:

  • The median value for Houses in Merewether is $2,095,317 while the median value for Units is $934,974.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 16 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Merewether.

Merewether Profile Page

Suburb Insights for Merewether 2291

Visit Merewether profile page
Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Merewether profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED